Wood pellet giant Enviva enters 2024 amid a financial crisis

The North-American wood pellet giant Enviva is walking a financial tightrope as…

Metsä Fiber to stop production at Merikarvia sawmill

Metsä Fiber, a member of Metsä Group, starts change negotiations at the…

Bergs Timber receives public takeover offer from Norvik

Norvik hf, through its subsidiary Kivron AB, has publicly announced a takeover…

Weyerhaeuser profit falls as wood products sales fall

U.S. timber giant Weyerhaeuser reported a fall in third-quarter profit on Thursday,…

Homag plans production capacity adjustments

In response to a significant decrease in order intake at Homag, coupled with…

UPM sales fall in Q3/2023, company sees reasons for optimism

In July-September, UPM’s net sales fell by 24 percent from the previous…

Dieffenbacher to supply world’s first palm MDF plant

Dieffenbacher is to supply the world’s first plant for the production of…

TNT to acquire Sierra Forest Products

Sierra Forest Products, Terra Bella, California, has been acquired by Sierra Forest…

Japanese companies target carbon credits with forestry fund in N. America

A cross-sector group of Japanese companies has invested in a forestry fund…

UPM Plywood to restructure its organization and scale its operations

UPM Plywood is planning an organizational reform and adaptation of operations to…